Living Greens Farm, the largest indoor vertical aeroponic farm in the U.S., announced plans today to locate operations in Delaware County, creating up to 120 new jobs by the end of 2024.
"Indiana's central location, strong agriculture sector and business-friendly climate make the Hoosier state the perfect place for companies like Living Greens Farm to put down roots," said Governor Eric J. Holcomb. "As a state, we’re
committed to creating an environment that enables companies like Living Greens Farm to scale operations, while continuing to innovate and grow agtech solutions geared toward a 21st century economy.”
Living Greens Farm, which is headquartered in Minnesota, will invest nearly $70 million to establish a 200,000-square-foot farming, processing and packaging facility at 2450 W. Fuson Road in Muncie. The indoor farm will feature smart automation at
crop seeding, transplanting, harvesting, processing and packaging steps, which will allow growers to fully realize the natural potential of crops grown in an efficient, high-speed manner. It will also enable the company to expand its bagged salad
and salad kit offerings to retailers and consumers across the Midwest and Midsouth regions of the country. The new facility is expected to be fully operational by early 2023.
Based on the company's job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment in Living Greens Farm Inc. of up to $925,000 in conditional tax credits. The IEDC also committed up to $100,000 from the Hoosier
Business Investment (HBI) tax credit program based on the company's planned capital investment in Indiana. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and investments are
made. Delaware County approved additional performance-based incentives at the request of the Muncie-Delaware County Economic Development Alliance.